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In-Vitro Fertilization Market - Size, Share, and Growth Analysis – Techsci Research
In-Vitro Fertilization Market is expected to grow during the forecast period of 2024-2028.
By: Techsci Research
The COVID-19 pandemic has had a significant impact on the Global In-vitro Fertilization (IVF) Market. The pandemic has disrupted healthcare systems and caused delays and cancellations in IVF treatments worldwide. Let us take a closer look at the impact of the pandemic on the IVF market. The economic impact of the pandemic has led to a reduction in demand for IVF treatment as patients face financial uncertainties and health risks associated with the virus. Many patients have postponed their plans to conceive due to the financial impact of the pandemic, leading to a decrease in demand for IVF treatment. Additionally, some patients are hesitant to undergo IVF treatment due to the risk of contracting the virus in medical facilities.
Global In-Vitro Fertilization Market can be divided into two categories: ICSI IVF and non-ICSI/ traditional IVF, based on technique. The ICSI IVF segment is expected to dominate the Global IVF Market in the forecast period due to several factors. ICSI IVF has higher success rates than traditional IVF for couples who have male infertility factors, such as low sperm count or poor sperm motility. ICSI allows fertility specialists to select the best sperm for fertilization, which can increase the chances of successful embryo development and implantation. ICSI IVF is commonly used in cases where there are difficulties with fertilization during traditional IVF, such as when the sperm cannot penetrate the outer layer of the egg. ICSI can overcome these barriers to fertilization and improve the chances of successful embryo development and implantation. Advancements in ICSI technology have made the procedure more accessible and affordable for couples who are looking to conceive. Improvements in ICSI equipment, techniques, and protocols have resulted in higher success rates and lower costs, making the procedure more accessible to a wider range of patients.
Global In-Vitro Fertilization Market is divided into fertility clinics, hospitals, and others, based on application. Fertility clinics are expected to dominate the global in vitro fertilization (IVF) market in the forecast period due to the availability of specialized equipment. Fertility clinics have specialized equipment and expertise required for IVF treatment, making them a preferred choice for patients seeking IVF treatment.
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